September 30, 2022
By : Quick Insurance Guru
Several index funds are available on the open markets.
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Cost is one of the most crucial things when investing in index products.
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1. Fidelity ZERO Large Cap Index (FNILX)
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The fund technically tracks the Fidelity U.S. Large Cap Index rather than the S&P 500, although the distinction is purely academic.
1. Fidelity ZERO Large Cap Index (FNILX)
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Expense ratio: 0 percent. That means every $10,000 invested would cost $0 annually.
2. Vanguard S&P 500 ETF (VOO)
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The Vanguard S&P 500 has $3.5 billions of value in holding funds.
2. Vanguard S&P 500 ETF (VOO)
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Expense ratio: 0.03 percent. That means every $10,000 invested would cost $3 annually.
3. SPDR S&P 500 ETF Trust (SPY)
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The SPDR S&P 500 ETF, which was established in 1993, is the grandfather of all exchange-traded funds.
3. SPDR S&P 500 ETF Trust (SPY)
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Expense ratio: 0.095 percent. That means every $10,000 invested would cost $9.50 annually.
4. iShares Core S&P 500 ETF (IVV)
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BlackRock, one of the biggest investment firms, sponsors the iShares Core S&P 500 ETF.
4. iShares Core S&P 500 ETF (IVV)
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Expense ratio: 0.03 percent. That means every $10,000 invested would cost $3 annually.
5. Schwab S&P 500 Index Fund (SWPPX)
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Investors are not concerned about Schwab's S&P 500 Index fund.
5. Schwab S&P 500 Index Fund (SWPPX)
Expense ratio: 0.02 percent. That means every $10,000 invested would cost $2 annually.